Weyerhaeuser Company Declares Dividend on Common Shares

Rhea-AI Summary

Weyerhaeuser Company (NYSE: WY) has declared a dividend of $0.17 per share on its common stock. The dividend will be payable in cash on March 19, 2021, to shareholders on record as of the close of business on March 5, 2021. This announcement reflects the company's ongoing commitment to return value to its shareholders and indicates financial stability.

Positive

• Dividend of $0.17 per share signifies ongoing shareholder returns.
• Established date for dividend payment demonstrates financial planning.

Negative

• None.

SEATTLE, Feb. 11, 2021 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a dividend of $0.17 per share on the common stock of the company, payable in cash on March 19, 2021, to holders of record of such common stock as of the close of business on March 5, 2021.

ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide. We are listed on the Dow Jones Sustainability North America Index. Our common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

For more information contact:
Analysts – Beth Baum, 206-539-4450
Media – Nancy Thompson, 919-861-0342

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SOURCE Weyerhaeuser Company

FAQ

What is the dividend amount declared by Weyerhaeuser (WY)?

Weyerhaeuser has declared a dividend of $0.17 per share.

When will the dividend be paid by Weyerhaeuser (WY)?

The dividend will be paid on March 19, 2021.

What is the record date for Weyerhaeuser's (WY) dividend payment?

The record date for the dividend payment is March 5, 2021.

How frequently does Weyerhaeuser (WY) pay dividends?

Weyerhaeuser typically pays dividends quarterly.